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A semi-annual coupon bond has 7 years left to maturity, face value of $1,000 and yield to maturity of 5.92 percent. The bond is currently

A semi-annual coupon bond has 7 years left to maturity, face value of $1,000 and yield to maturity of 5.92 percent. The bond is currently priced at $963.75. Calculate the bond's coupon rate.

Group of answer choices

4.19%

6.57%

3.29%

2.64%

5.28%

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